Home sales in Northern Virginia declined 9.8% in November from the same month in 2022, but were up 12.5% from October, according to new data from the Northern Virginia Association of Realtors.
The year-over-year decline continued a trend that has been ongoing since the middle of 2022 although it was not as much as in some prior months. And prices rose 5.7% from November 2022, NVAR reported.
The owner of 8221 Old Courthouse Road has received the Fairfax County Planning Commission’s support for its plan to convert the 1980s-era Tysons office building into multi-family housing.
The proposal filed by 8221 Old Courthouse Road LC — an affiliate of residential developer Dittmar Company — seeks to repurpose the existing, three-story building as one and two-bedroom rental apartments. Up to 55 units are planned, including six workforce dwelling units.
Housing could be on the horizon for Roger Bacon Drive in Reston.
At a meeting on Tuesday (Dec. 5), the Fairfax County Board of Supervisors unanimously approved a motion to initiate a review of a development proposal for 11260 Roger Bacon Drive, adding it to the county’s existing Comprehensive Plan Amendment Work Program.
A 93,100-square-foot office building in Fairfax City may soon have a new future on its horizon.
The Fairfax City Council is meeting tonight (Tuesday) to discuss a preliminary proposal to redevelop the office building on 1201 Fairfax Blvd into a six-story residential building with roughly 300 apartment units and about 20,000 square feet of ground-floor commercial retail.
Fairfax County is looking to update its guidelines for how rental and mobile home developers can assist displaced tenants for the first time in a decade.
Director of Fairfax County Department of Housing and Community Development Tom Fleetwood presented the proposed guidelines to the Fairfax County Board of Supervisors at a housing committee meeting last week (Nov. 28).
In the future, people who earn more than Fairfax County’s median income will likely no longer be able to buy workforce housing.
A task force recommended to the Board of Supervisors housing committee on Tuesday (Nov. 28) that the top income bracket be dropped from the Workforce Dwelling Unit (WDU) Homebuyer Program, which currently provides price-controlled townhouses and condominiums to people who make 80% to 120% of the area median income (AMI).
Construction is humming along for The Trillium Tysons, a senior living community that will kick off the next phase of The Boro.
The 15-story, 181-unit apartment building geared toward older adults is expected to welcome its first residents in early summer 2024, according to owner and developer Silverstone Senior Living.
The Fairfax County Board of Supervisors unanimously approved a plan for single-family homes near a historic area of Lake Fairfax Park at a Tuesday meeting.
The plan by developer SEM Fairfax Land Associates calls for eight single-family homes at the site of J.R.’s Custom Catering’s former Fairfax Hunt Club along Lake Fairfax Drive in Reston. The property features a historic log house that will be preserved as part of the redevelopment and an unmaintained and unnamed cemetery.
As Virginia Commonwealth University rolls out a program that grants admission to any high school senior with a certain GPA, it’s the latest school to face challenges ensuring its facilities and infrastructure can keep up with the influx of students.
VCU, along with George Mason University and at least four other Virginia universities, have begun offering guaranteed admissions to address declining enrollment numbers and help bolster populations of underrepresented students.
Herndon Corporate Center could become the latest local office park to give way to a new housing development.
Reston-based developer Stanley Martin Homes is looking to replace three of the four office buildings at 1145-1175 Herndon Parkway with condominiums and townhouses, according to an application set for a Herndon Board of Architectural Review public hearing tonight (Wednesday).
